Axie Infinity's sales rose another 85% in August
Axie Infinity is still reaping the benefits of “NFT summer.” The game's sales rose another 85% in August to $364 million. The key theses Axie Infinity's sales rose 85% from July to August. The game generates revenue from the sale of NFTs. The game recorded $364 million in protocol revenue, up from $196 million in July. The latest growth statistics show that Axie has maintained its lead in the blockchain gaming space. Axie Infinity continues to generate more revenue than almost all top cryptocurrencies, including the leaders in the DeFi and NFT space. Axie Infinity sales increase Axie Infinity...
Axie Infinity's sales rose another 85% in August
Axie Infinity is still reaping the benefits of “NFT summer.” The game's sales rose another 85% in August to $364 million.
The central theses
- Der Umsatz von Axie Infinity stieg von Juli bis August um 85 %. Das Spiel erzielt Einnahmen aus dem Verkauf von NFTs.
- Das Spiel verzeichnete 364 Millionen US-Dollar an Protokolleinnahmen, gegenüber 196 Millionen US-Dollar im Juli.
- Die neuesten Wachstumsstatistiken zeigen, dass Axie seinen Vorsprung im Bereich Blockchain-Gaming behauptet hat.
Axie Infinity continues to generate more revenue than almost all top cryptocurrencies, including the leaders in the DeFi and NFT space.
Axie Infinity sales increase
Axie Infinity continues its parabolic run.
Sales of the Ethereum-based NFT game increased by over 85% from July to August. The game generated more fees than all other crypto protocols except .
In August, the game took in $364 million in protocol revenue, up from $196 million in July, according to AxieWorld data. This corresponds to an increase of around 85.7% compared to the previous month.
Axie Infinity's August revenue trailed only Ethereum, which took in $670 million. It ranked ahead of many leading crypto projects including OpenSea, , and . In July the game will face Ethereum.
Axie Infinity includes a play-to-earn mechanism on the Ethereum blockchain. The game allows players to purchase, breed and trade digital pets called Axies in the form of NFTs. The game generates revenue when someone buys an Axie.
The game pays a portion of its revenue into a community treasury managed by AXS holders. is Axie Infinity's governance token and has grown in popularity as the game's popularity increases. It is up more than 88% in the last 30 days and was trading at $71.79 at press time.
The game has been the talk of the crypto sector in recent months, thanks in part to its increasing popularity in the Philippines. The game's rapid rise has been one of the key talking points for what the crypto industry has dubbed "NFT summer."
In early August, the team reported that they had reached over 1 million active users of the game worldwide. As the game has attracted more users, sought-after axes and plots of virtual land have also changed hands worth up to seven figures.
Throughout the NFT summer, Axie Infinity's trading volume was among the highest of all NFT projects, ranking alongside CryptoPunks, Bored Ape Yacht Club and Art Blocks. The latest growth statistics show that Axie Infinity has maintained its lead in the blockchain gaming and non-fungibles space.